For me, average cost ard RM1.65. Plan to keep it for long term > 3 yrs. Not aware of any problems with their business, KSL City mall is stable as usual. Property projects are able to sell with higher premium than nearby projects. e.g D'Inspire RM700+ psf compare with RM600+ psf. Semi-D at Kempas Indah is selling fast as < 1M. Dividend policy at 40%. approx ~10cents. Property unbilled sales of RM800m which provides the group more than a year of earnings visibility. Commencement works for KSL City Mall 2 would take place at yr 2016.
Overall, market mood is bad esp property counter. I will accumulate by batch only when there is a technical turn up or good signal from coming quarter result. m2c
Solid company, should proposed share buy-back now! D last buy-back was Apr'15, more than 6 million shares, at Rm 1.90, reasonable price. D foolish buy-back was in Oct'14, 14 million shares at above Rm 4.00.
U bought Rm 2.10 should be at Jun 2014. Aug went up around Rm 3.10+ n Oct 4.00+. Bonus was Dec 17, 2014, priced Rm 4.20+ So if u bought at 2.10, very lucky, your cost is now Rm 1.05.
Gd am Mr. Watchme! U are almost there, EPS must be 10 years average or at least 7 years average. U can't take one year earning to judge a company. KSL at present price Rm 1.51, is 4 times earnings or PE of approximately 4. Any PE below 8 is consider fantastic Buy. U need to analyse other crucial things Roe, Debt, Capex, earning growth, management n d intrinsic value n book value. Try to buy d Intelligent Investor by Graham.
U can't judge a stock by single or even worse quarter earnings results. U need to judge at least 7 years average earnings. D price u want to buy should by approximately correct, not completely correct. U think just because it is 0.05 or 0.10 higher, u might miss d chance! "Mr. Market" is an extremely emotional n irrational person!!!
Just be patience use the index of EY%..., or magic formula u will know it is under value or really over value.., let's check using klse.my screener for fundamentals.. I have passed by the KSL city mall 2. if really it would generate reccurance income fr investment properties. actually investment property contributes 20% to KSL holdings...cheers
Gd! earning yield-EY. EY was used by Graham since d 1930's n by Buffett in d 1950's. Graham desired yield was above 11%. Buffett revised it n his desired yield is somewhere around d rate of AAA corporate bond n higher. Buffett named it rate of return. So if d company EPS growth, d rate of return also growth n vice-versa. Dis plus d compounding rate of return, we never know how much $ after 10 to 20 years of investing in an outstanding company. So we need to find a solid company selling unique products or services. Mind u, Bursa has more than 1,000 companies, so we need to do lots of homework. Thanks n Goodbye!
at times, investing in a person also work !! 5 years later, will it still be RM 1.5 ? an along the way, I believe there are slump and boom, sell during boom time !! NOW, all negative news for Malaysia, when things started to change, price also starts to change.. whether you buy now, later, it depends on one's target..
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
Damian Chua
96 posts
Posted by Damian Chua > 2015-08-06 12:45 | Report Abuse
I'm tired in collecting ksl =(